The recognition of cost of goods sold expense in the same period that sales revenue is recognized from the sale of merchandise is a good example of the
a. full disclosure principle
b. matching principle
c. historical cost principle
d. revenue realization principle
b
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Which of the following statements regarding credit unions is true?
A. They make secured loans only to non-members. B. They are owned and managed by the government. C. They provide installment loans to their members. D. They charge higher interest rates than other sources of consumer loans. E. They are profit-making organizations.
Which of the following industry sectors has(have) not experienced a rise in employment over the last quarter of the twentieth century:
a.retail, banking and insurance b. distribution, hotels and restaurants c. manufacturing d. transport, storage and communication
Identify and give an example of each of the four B2B markets.
What will be an ideal response?
What is the major provision of the Equal Pay Act of 1963?
a. It mandates equal pay for equal work without regard to gender. b. It mandates equal pay for equal work without regard to gender or age. c. It mandates equal pay for equal work without regard to gender, race, or age. d. It mandates equal pay for equal work without regard to race.